Question

 What is the head of household deduction?

Answer The head of household status is an option you can select when filing your federal tax returns. It allows for a higher standard deduction than someone who is filing as a single person.How to FileYou... Read More »
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Top Q&A For: What is the head of household deduction

What is Head of Household?

Filing federal income taxes and having the proper income taxes withheld is based on multiple factors. One of the primary determinations in the amount of taxes you owe is based on your filing status.
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What does head of household mean?

Head of household is usually taken to refer to a tax status. One of five filing statuses, head of household is an unmarried person responsible for more than 50% of the household finances and costs.... Read More »
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What is a head of household according to the IRS?

To claim a head-of-household filing status, a taxpayer must meet three requirements. The taxpayer must not be married at the end of the year. He must have paid more than half the money for supporti... Read More »
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What is head of household filing?

The Internal Revenue Service has several different tax filing statuses than may cost you thousands if you do not choose the right one. Filing as a head of household generally provides the best bene... Read More »
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